Industry

Deals

Wabererʼs shares trade for first time on Budapest bourse

Shares of Hungarian road haulage and logistics company Wabererʼs International traded at HUF 5,165 on the Budapest Stock Exchange around...

Automotive

Industrial production up 8.8% in May

In May 2017, the volume of industrial output rose by 8.8% year-on-year, according to a first release of data from...

Automotive

SMEs see revenue climbing almost 9% in next 12 months

Hungarian SMEs expect their revenue to rise 8.5% in the coming 12 months, according to a quarterly gauge of confidence...

Automotive

Rosatom again calls tender for Paks turbines

A tender to deliver turbines for new blocks at Hungaryʼs Paks nuclear power plant has again been called, AO IK...

Automotive

Budapest uses huge amount of water to cool streets

The Budapest Public Area Maintenance Company (FKF) has been roaming Budapest with twenty sprinkler vehicles in recent weeks, using a...

Deals

Budapest transport faces bus driver shortage

Labor shortages, which experts say are becoming graver than ever in several Hungarian sectors, have reached the bus drivers of...

Automotive

Hungary’s industrial output grows 2.7% in May

Hungary’s industrial producer prices grew by 2.7% in May, as compared to the same month a year earlier, Hungary’s Central...

Pharma

CBRE Hungary becomes a key partner of M7 CEREF I

After entering the Hungarian market in 2016, M7 Real Estate has chosen the Budapest office of CBRE to manage the...

Automotive

Schäfer-Oesterle opens HUF 130 mln production hall

The Hungarian subsidiary of Schäfer-Oesterle, a German producer of leather interiors for cars, inaugurated a 1,000 square-meter production hall in...

Deals

György Wáberer turns from road haulage to property

Businessman György Wáberer is plowing the proceeds from the sale of his stake in the road haulage company that bears...

Pharma

Takata to expand in Hungary despite parent bankruptcy

Despite its parent declaring bankruptcy in Japan and the United States, automotive firm Takata has promised to continue its capacity...

Deals

Skanska names new projects director

Mariusz Wieczorek has been appointed new Projects Director of Skanska Property Hungary, according to a press release sent to the...

Automotive

Miskolc plant awaits outcome of Takata bankruptcy

Japanese car parts manufacturer Takata, the company at the center of the largest vehicle recall in history as a result...

Deals

BKV suspends metro train refit until contractor remedies problems

Budapest public transport company BKV said it will stop sending old metro trains for refurbishment until Russiaʼs Metrowagonmash, the manufacturer...

Automotive

Hungary’s retail sales up 3.2% in April

Hungary’s retail sales volume increased by 3.2% in April according to raw data and, mainly due to the Easter effect,...

Pharma

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

Pharma

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Pharma

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Manufacturing

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Retail

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Pharma

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Pharmaceutical Logistics Moves Toward Full Automation

Competitiveness in pharma logistics increasingly depends on digitalization, automation, and quality assurance alongside scale, Andor Nagy, deputy CEO for logistics...

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Wizz Air Luton–Sofia Flight Diverted to Budapest After Bomb Threat

A Wizz Air flight from London Luton to Sofia was diverted to Budapest after receiving a bomb threat during the...

Pirelli Cinturato Winter 3 Takes Top Honors in European Tests

As winter approaches, drivers face a familiar question: which tires can provide dependable performance when road conditions start to change?...

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Hungary’s First Mr D.I.Y. Store to Open at Köki Alongside Popeyes

Budapest’s Köki shopping center will welcome Hungary’s first Mr D.I.Y. store and the country’s fourth Popeyes restaurant in November. Footwear...

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Ryanair Adds 12th Budapest Aircraft and Eight Routes for Winter

Ryanair will base a 12th aircraft in Budapest for its winter 2026 schedule, operating 54 routes, including eight new connections,...

Michelin Celebrates 30th Anniversary of Presence in Hungary

Michelin celebrated the 30th anniversary of its presence in Hungary at an anniversary event at its Nyíregyháza facility (231 km...

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Geely Leads Interest in Chinese Car Brands Newly Launched in Hungary

Geely attracted the most interest among Chinese car brands entering Hungary this year, according to January-September data from used car...

Futureal Acquires Hungary’s Largest Outlet Center

Futureal has acquired Premier Outlet Budapest, Hungary’s largest outlet center, as it expands its Hungarian operations into direct investment in...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Wizz Air Enters Winter With Fuel Hedges and Record Summer Traffic

Discount airline Wizz Air is preparing for winter with more than EUR 2.2 billion in liquidity and fuel hedges covering...